Search for: "Definition Delaware, LLC" Results 141 - 160 of 350
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15 Feb 2010, 3:00 am by Peter A. Mahler
  Jain involved an LLC formed under Delaware's LLC Act, which, unlike New York's law, expressly authorizes the LLC agreement to provide for the elimination or forfeiture of a member's interest for failure to comply with the LLC agreement, or under any other circumstances specified in the LLC agreement (see Delaware LLC Act Section 18-306 and Section 18-502(c)). [read post]
22 May 2017, 7:52 am by Dennis Crouch
by Dennis Crouch In TC Heartland LLC v. [read post]
11 Oct 2022, 7:16 am by Kevin LaCroix
LLC, have yet to issue definitive positions on whether they would recommend voting for officer exculpation. [read post]
7 Jun 2021, 4:38 am by Franklin C. McRoberts
” Ironically, under Delaware law, the only kind of claim for which LLCs “may not limit or eliminate liability” of managers or members is the type of claim Kagan held insufficient to establish personal liability in New York: “bad faith violation of the implied contractual covenant of good faith and fair dealing. [read post]
30 Nov 2015, 4:04 am by Peter Mahler
Products Holdings, LLC, such “express good faith provisions” do not affect the implied covenant. [read post]
24 Jan 2022, 11:03 am by Kevin LaCroix
  One such case in 2021 to address what constitutes a “claim” was Ditech Fin., LLC v. [read post]